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Michael @degen_mike14 on x 4149 followers
Created: 2025-06-24 23:37:12 UTC
Circle $CRCL will go under $XXX per share and still be overvalued 📉
It’s the same thing as a low float high FDV alt, but because it’s an Equity people aren’t paying attention
Circle has ~18% of their shares liquid in the open market
For reference $COIN has XXXX% of their shares liquid and in the open market
View table in video!
Circle made $1.5B in revenue in 2024, up XX% from 2023
Coinbase made $6.5B in revenue in 2024, up XXX% from 2023
Circle also paid over XX% of their revenue to Coinbase
Even with today’s movement: Circle MC: $53B Coinbase MC: $87B
Not to mention if short term rates come down (which is what most believe will happen over next XX months), while most cryptos will increase in value… Circle revenues will drop as XX% of their assets are T Bills (US Short Duration Treasuries)
Long $COIN Short $CRCL
XXXXXX engagements
Related Topics crcl $15b $coin liquid stocks alt $crcl circle internet group